Ford Flex Lease Questions

Comments

Can you please give the current residual values and Money Factors for a 2012 Ford Flex SE and SEL model(s) with 12,000 miles a year and a 36 month lease. Is there any current incentives for leases? Thanks!!

Greetings to the appropriately named flexbuyer. Hmmmm, Tier 4 credit. I know the top credit tier numbers, I'll have to look into the Tier 4 numbers for you.

For now I can tell you that the top tier lease rate and residual value for a 36-month lease of a 2012 Flex Limited AWD with 12,000 miles per year are 1.75% and 52%, respectively everywhere except for in California.

There is a $1,750 cash incentive on leases of this vehicle. Again the amount is higher in California.

Just a note to other potential Ford lessees. I went back and forth with my dealer on price, etc for about 2 weeks, finally agreed on price, trade-in, etc. When I plugged in all the numbers into a lease calculator using the 2.25% and 52% numbers they gave me, I was coming out with a monthly payment that was about $40 lower than the dealer was quoting me. Of course, I suspected that the dealer was trying to pull something sleazy, but after a little research, I found out that Ford Credit adds a monthly administrative fee to the payment. It is 0.00111 (approximately) times the Cap Cost. So if your cap cost is $36k, that adds $39.96 PER MONTH to the lease payment.

Hi socalcarfan. A $45,000 Flex...that's one loaded vehicle. The selling price that you quoted looks to be around $1,300 or so over invoice. In a competitive market like Southern California, I personally would want a selling price that's a little closer to dealer invoice than that...say at least another $500 off if not more.

Here is numbers I was provided when we started talking about purchasing:MSRP $46,940.Rebate $2,000.Discount $2,496.Ford Credit $1,000.Net $41,444.

I have a 2009 GMC Acadia for Trade - they were offering $18,500. which I think is low and I'm considering selling it outright. But they were factoring in $1,000 equity for the trade so the number on loan comes down to $40,444.

Does the loan and lease offer seem fair? I think the lease seems a bit high - and when I asked about money factor, APR on loan - they dealer was pretty ambiguous and said they would find lowest rate, etc. Seemed a bit fishy...

I would like to lease -but this seems pretty high with my calculated comparable APR around 6% when I plug the numbers into a spreadsheet I found.

Yes I do realcul. Ford Credit's December base lease rate and residual value for a 36-month lease of a 2013 Flex Limited AWD with 12,000 miles per year are 1.75% and 54% for consumers who qualify for its top credit tier.

The lease rate for the SEL AWD would be the same, but the residual value would be 56%.

There is a $1,000 cash incentive on leases of this vehicle right now (slightly higher in certain regions). Make sure to take this cash into account during your negotiations.

Yes, we went ahead with the lease under these terms. Seemed like a pretty good deal, and it was on a vehicle that was a hard to-find-color color combination.

Also, leasing through Ford is particularly advantageous for us, because we live in Providence, RI, where there is a 6% annual car tax (yes, really outrageous, isn't it?). Somehow, FoMoCredit has a deal with the state to pay a state-wide average rate of 1.5%, so that special arrangement saves us around $4000 over the life of the lease.

I have heard that the Flex is hard for many dealers to get rid of, so aggressive negotiating ought to be possible, particularly for cars on the lot.

Hi - is it possible to post the March MF and residual for both the 2014 Flex SE 2WD and the SEL 2WD - 36/12K for both? I am not sure if they would be much different than the data posted for the Limited above. Much appreciated!